The Nigeria Inter-Bank Settlement System (NIBSS) announced a substantial loss of approximately N9.5 billion within the banking sector for the year 2023. The disclosure was made...
In a financial disclosure recently released by the Central Bank of Nigeria (CBN), it has been revealed that a total of N74.84 billion was expended by...
The Central Bank of Nigeria (CBN) has played a pivotal role in bolstering the mortgage banking sector by disbursing loans and advances amounting to N37.6 billion,...
As of August 21st, 2023, the dollar to naira exchange rate is 1 USD to 860 NGN at the black market. This means that for every...
The current administration under the leadership of Bola Tinubu is gearing up to fulfill a significant financial commitment as it approaches the final stretch of its...
Renowned human rights lawyer Femi Falana has launched legal action against the Central Bank of Nigeria (CBN) over its recent decision to float the Naira currency....
The Central Bank of Nigeria has unveiled a new foreign exchange price verification system tailored to facilitate importer access to forex. The announcement was made by...
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), is set to face legal action alongside his associates for their alleged involvement in...
The board of FBN Holdings Plc has approved and appointed Mr. Olufemi Otedola, CON as a non-executive director of the bank. The approval was endorsed by...
The Nigerian National Petroleum Corporation (NNPC) Ltd. and the African Export-Import Bank (AFREXIM Bank) have joined hands to secure an emergency crude oil repayment loan amounting...
